2016 Australia 1 oz Gold Kangaroo BU
The 2016 1 oz Gold Kangaroo coin continues the popular series known for its recognizable wildlife symbol of Australia, the kangaroo. A series that started in 1987, each different coin design promotes collectability through distinguishing characteristics.
- Contains 1 oz of .9999 fine Gold.
- Comes in a plastic capsule. Multiples of 100 are packaged in a sealed box.
- Eligible for Precious Metals IRAs.
- Obverse: Portrays Ian Rank-Broadley likeness of Queen Elizabeth II, as well as the coin’s monetary denomination.
- Reverse: Features a kangaroo resting on its haunches with the silhouette of another kangaroo in the background, along with the inscription "Australian Kangaroo," the "P" mintmark, date, purity and weight.
- Guaranteed by The Perth Mint.
Display your Gold Kangaroo in style by adding an attractive presentation box to your order.
The Gold Kangaroo offers an unrivaled combination of quality and fascinating wildlife design, which brings this Gold bullion coin series to life. Add the 2016 1 oz Gold Australian Kangaroo coin to your cart today.
The history of the 2016 1 oz Gold Kangaroo
The 2016 1 oz Gold Kangaroo is the latest addition to this popular series of Gold coins. Minting of these Gold coins began in 1987 at the Perth Mint, where Australia’s first Gold sovereigns were manufactured in 1899. Initially, the Australian Gold coins were known as Australian Nuggets, and instead of a kangaroo, the reverse depicted a Gold nugget. In 1990, the Gold coins began featuring a kangaroo and the tradition continues to this day.
Why collect 2016 1 oz Gold Kangaroos?
2016 1 oz Gold Kangaroos blend the best of both worlds by being worthy of both collecting and investing. Many collect the Gold coins because the design of the kangaroo changes annually, making the Gold bullion coins highly collectible. Others add these Australian Gold coins to their investment portfolios because they are legal tender guaranteed by the Perth Mint, and they are approved for use in Precious Metals IRAs. If you like these world coins, browse the full inventory of world coins available at APMEX.
Save for retirement with 2016 1 oz Gold Kangaroos approved for use with Precious Metals IRAs.
Consider investing in 2016 1 oz Gold Kangaroos if you are looking for Gold bullion approved by the Internal Revenue Service for use with Precious Metals IRAs. Before buying Gold coins for your IRA, the IRS requires that you open a custodian account, if you do not already have one. Funding the account is the next step before buying these Australian Gold coins, but once that step is complete, you are free to purchase whichever IRA-approved Gold coins you like. World coins like the 2016 1 oz Gold Kangaroo are a popular choice for Precious Metals IRAs, as are many other IRA-approved world coins like Gold Pandas and Gold Maple Leafs.
When you buy 2016 1 oz Gold Kangaroos, consider how global demand affects your investment.
When purchasing 2016 1 oz Gold Kangaroo coins, you are purchasing physical Gold that has been considered a valuable asset by people for thousands of years. Jewelry, rather than Gold coins, was considered the first Gold currency, and the use of Gold to fabricate jewelry dates back to at least 4,000 B.C. The demand for Gold coins and jewelry has continued since that time, and now it is also prized for its use in electronics, dentistry, computers and other industries. When you buy Gold, it is wise to be familiar with how the price of Gold is affected by the demand for the Precious Metal.